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08 Oct Bitfinex to Record KMNO
ROAD TOWN, Tortola, British Virgin Islands – eighth, October 2024 – Bitfinex (https://www.bitfinex.com), a number one digital asset buying and selling platform, introduced right now that it’s going to record KMNO, the native token of Kamino Finance, a liquidity administration resolution constructed on Solana. Kamino Finance goals to combine lending, change provisioning, and leverage right into a streamlined DeFi product suite, providing concentrated liquidity administration and enhanced capital effectivity by means of automated methods.
Kamino Finance offers liquidity administration on Solana’s decentralized exchanges. By integrating lending, liquidity provisioning, and leverage right into a unified product suite, Kamino says it might automate rebalancing and compounding, lowering guide intervention. Kamino’s automated vaults purpose to optimize capital deployment and assist customers handle liquidity effectively whereas mitigating dangers corresponding to impermanent loss.
The KMNO token underpins this expansive ecosystem, providing governance rights, staking alternatives, and entry to platform options.
“Kamino’s efforts to make advanced DeFi actions extra accessible by means of its modern liquidity administration options align with Bitfinex’s imaginative and prescient of mainstream adoption of digital property,” mentioned Henry Little one, Head of Tokens at Bitfinex. “By itemizing KMNO, Bitfinex continues its mission to broaden our numerous vary of token choices, offering our customers with entry to cutting-edge applied sciences which are shaping the way forward for decentralized finance.”
Deposits for KMNO will open at 10:00 AM UTC on 8 October, topic to community circumstances, with buying and selling anticipated to start at 10:00 AM UTC on 10 October, contingent upon liquidity necessities being met. KMNO will likely be tradable towards US {Dollars} (KMNO/USD) and Tether tokens (KMNO/USDt).
To entry KMNO on Bitfinex, go to https://www.bitfinex.com/.
*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please observe that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com.
About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and international liquidity suppliers. Bitfinex offers entry to peer-to-peer financing, an OTC market, and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on supporting skilled merchants and liquidity suppliers around the globe. Go to www.bitfinex.com to study extra.
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